In the year 2018 Global Cryotherapy and Cryosurgery Market was valued at USD 3.03 billion. By the year 2023, it is predicted to reach USD 4.23 billion with pace of 6.9% CAGR.

Cryotherapy and Cryosurgery, is also known as cryoablation or targeted cryoablation therapy, which is a minimally invasive treatment that uses extreme cold temperature (0 to -20°C) to destroy or remove disease tissues. It is very useful in treating skin problems, heart diseases, injuries, improving immunity, and blood pressure. Cryotherapy is also widely used for treating sport related injuries.

The Global Cryotherapy and Cryosurgery Market is segmented on the basis of

Technique

SprayForecepsCryo ProbeType

CryosuregeryIcepack TherapyCryogenic Chamber TherapyApplication

Cancer TherapySkin Disease TreatmentDevices

CryogunProbesBased on application market, cancer therapy holds the largest market share in the global cryotherapy and cryosurgery market due to increasing prevalence of cancer diseases. Skin treatment is also projected to grow rapidly due to advancement of technologies. On the basis of type market, cryosurgery segment has biggest market due to increasing demand for cancers and skin diseases treatment. Besides icepack therapy is expected to witness high growth rate in the Global Cryotherapy and Cryosurgery Market during the forecast period.